CAC coin Premium

Discussion in 'US Coins Forum' started by Derek2200, Dec 5, 2021.

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What is the most premium you would pay (or paid) for a CAC Coin?

Poll closed Dec 26, 2021.
  1. None

    26 vote(s)
    60.5%
  2. 5 pct

    4 vote(s)
    9.3%
  3. 10 pct

    3 vote(s)
    7.0%
  4. 25 pct

    6 vote(s)
    14.0%
  5. 50 pct

    0 vote(s)
    0.0%
  6. 100 pct or more

    4 vote(s)
    9.3%
  1. Derek2200

    Derek2200 Well-Known Member

    What is most you would pay or paid.
     
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  3. Vertigo

    Vertigo Did someone say bust?

    I paid about 300 over the cac price guide for this coin. But if you understood how long it can take to even find one of these WITH CAC, you would know why I did it. There are only 50 of this variety with cac. And there is only estimated 600 in existence.
    This is the only coin I own i paid that much of a premium on.
    Screenshot_20210818-134626_Gallery.jpg Screenshot_20210818-134638_Gallery.jpg Screenshot_20210824-112827_Gallery.jpg Screenshot_20210824-112842_Gallery.jpg
     
    imrich, MIGuy, wxcoin and 9 others like this.
  4. eddiespin

    eddiespin Fast Eddie

    How would you figure that out?
     
  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I do not pay more for a CAC sticker, but I voted 100% or more . . . Why, you might ask?

    Because I've paid far more than a 100% premium for coins that were not stickered. I am buying the coin after all, and not the bean. If any of those unstickered coins that I paid so generously for had been beaned, I'd have paid the same price.

    The bean means nothing to me personally . . . the coin means everything.
     
    green18, harrync, wxcoin and 10 others like this.
  6. tommyc03

    tommyc03 Senior Member

    I am frugal but not really cheap. I will not pay a premium for a bean either. Getting the bean and paying for it is on the person who paid for it. I'm not an expert grader either but I know enough to know if it's a coin that's worth slabbing and then getting a bean for then I better be able to grade at least within an acceptable range to make it worth me spending a large sum of money for. I'm glad if it's slabbed, meets my grade and eye appeal and that's what I base my purchase on. I think this makes sense?
     
    Last edited: Dec 5, 2021
  7. YoloBagels

    YoloBagels Well-Known Member

    If I am buying something with a CAC sticker then chances are I am buying it because the coin is high quality and it just so happens to have a CAC sticker.

    Not trying to undermine CAC though. They have done great work for the coin market IMO.
     
  8. Vertigo

    Vertigo Did someone say bust?

    Ok so this is what I did. It was the only series I had a lot of. I won a lot of these on stock photo auctions. So when I became a member last year I had tons most of these. I started sending them in. Obviously a lot of failures. I'm just a collector member so I only pay if it gets the bean. I wanted to see if there was something to this or not. But you really need a lot in hand if the same grade to see it. This series was cheap and I already had them all. In hand the bean coins are sharper nicer and pretty much 100 percent mark free. The failures have small issues. Once you have this many same coin same grade with many bean and many no bean you can see why the ones that got it, got it and the ones that didn't, didn't. I only pay a premium for a coin if the coin has what I want. But the coins with the bean do display something that failures don't. The problem is, unless you know the coin has been, you don't. There are sellers i won't buy from looking for bean coins because I know they have been or the seller knows they won't get it. I am starting to see why by doing observations like this. A lot of these failed due to strike issues. It isn't that they are graded improperly. Most of these coins would not bean in ms66. A lot of the 1976 have poor reverse strikes. That design was a problem.
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  9. Evan Saltis

    Evan Saltis College Dorm Collector Supporter

    I say...

    CAC it up!

     
    Penny Luster and Vertigo like this.
  10. COOPER12

    COOPER12 Well-Known Member

    0 for me.
     
    john65999 likes this.
  11. ldhair

    ldhair Clean Supporter

    I will pay a premium based on the coin only. CAC is cool but not something I have to have.
     
    green18, NSP, john65999 and 1 other person like this.
  12. Santinidollar

    Santinidollar Supporter! Supporter

    It totally depends upon the coin. Some are worth premiums, others are not -- with or without the CAC sticker.
     
    NSP and Derek2200 like this.
  13. coin_analyst

    coin_analyst Member

    I have a feeling that if one of the options was "depends on the coin," that would get most votes from this community... myself included.
     
    YoloBagels, Santinidollar and ddddd like this.
  14. Vertigo

    Vertigo Did someone say bust?

    That is what it is too. Some coins appeal to one eye and not another. Even shopping for a cac coin i still look at the coin. Even if the coin deserves it, if there's toning that's unattractive the coin is unattractive
     
    john65999 likes this.
  15. Santinidollar

    Santinidollar Supporter! Supporter

    If I find a coin I like, a CAC sticker is a bonus, not a necessity.
     
    NSP, john65999, ddddd and 3 others like this.
  16. Jeffjay

    Jeffjay Well-Known Member

    Sorry but its always struck me as a sales gimmick.
     
  17. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Very well put.
     
    john65999 and Derek2200 like this.
  18. Mountain Man

    Mountain Man Supporter! Supporter

    CAC or no CAC, I try to buy the coin, not the slab or sticker. I say try, because I do have a couple with CAC stickers and bought them because I knew they had that guarantee.
     
    john65999 and GoldFinger1969 like this.
  19. johnmilton

    johnmilton Well-Known Member

    When was introduced, I paid a three high premiums and got burnt on two of them. CAC bailed me out of one of them.

    Today I only buy it if I like it. The CAC sticker is irrelevant to me in my buying decision. It worth a couple of chuckles when they totally blow it, which happens now and then.
     
  20. charley

    charley Well-Known Member

    caccoins.com/forums/ is at a minimum worth reviewing for information.
     
    GoldFinger1969 and Evan Saltis like this.
  21. KBBPLL

    KBBPLL Well-Known Member

    0 for me as well. Right or wrong, I go with the notion that nice coins without the sticker get fewer bidders.
     
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